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Yesterday they wanted to put on the show of bravado, and pull the market back up from its 'north korea" missile dip. Well, they did it just as we figured they might. In fact, not only did they pull the DOW up from a 100 point loss, they tacked on another almost 60 green points. It was all great theatre, and kept the bull dreams alive.

I'm sure you all saw the action yesterday. It was nuts! Then after the close when it was announced that ALL the banks passed the stress tests, they all announced dividend hikes and buy backs. Pretty funny isn't it? They can't seem to lend money to small business, but they can announce50 billion in stock buy backs.

Yes we've made it to Friday, which is a good thing. Every week lately, tends to come with so much drama that I find myself looking forward to a break. Oh and what a break it will be, for me anyway. Tomorrow's my birthday. As much as I've tried to fight it off, it had to happen and yes, I turn 60 tomorrow. So, the wife has "surprised" me with a weekend away at a resort we like, and reservations at one of our favorite eateries.

Well as you know... Yesterday they came back from the 3 day weekend hell-bent on putting on a show. And, what a show it was. On the heels of lousy news on Friday, and the constant back and forth between N. Korea and the world... the market decided it was the perfect day to get back all the points we lost back on Thursday.

Okay so we got our DOW 20K and yesterday we spent the session digesting that move. While the DOW managed to inch higher, gaining 32, the S&P couldn't stay green and ended the day down a point. However once again there was horrible volume. At the end of the day the SPY only traded 60 million shares. To put that in perspective, back on Nov 9th when they all decided that a Trump win might indeed end up being okay, the volume was 259 million. When you get an up day ( or down for that matter) on big volume, you know the move is confirmed. It shows that a "lot" of people traded a LOT of stock.

Yesterday was a snoozer for sure, as the volumes were low and the market hovered in a fairly tight range all day. But from just about every angle it looked more like a pause, than a sell off. No one wanted to push it much higher, but no one was running for the door either.

Hello everyone, welcome to a new day. Let's hope we through it without the hysterics of yesterday. That's going to be hard however, as today we have FIVE Fed heads spewing garbage again. I can't imagine why they want to continue on the speech trail when every time they say something it contradicts something that someone else is saying.